Trade Facilitation Agreement

A major milestone for the global trading system was reached on 22 February 2017 when the Trade Facilitation Agreement (TFA), the first multilateral deal concluded since the creation of the World Trade Organization, entered into force,

The Trade Facilitation Agreement will be of benefit to all members of the WTO because the costs of implementing the Agreement are likely to be far less than the expected benefits from improving the flow of goods across borders.